Moody's affirms 'Aa1' rating on RWJBarnabas Health's LOC-backed bonds

Moody's Investors Service affirmed the "Aa1" joint support letter of credit-backed ratings on West Orange, N.J.-based RWJBarnabas Health's series 2014B, series 2013B, series 2011B and series 2011C bonds.

Moody's Investors Service's review of the ratings resulted from this spring's merger between Orange, N.J.-based Barnabas Health and Robert Wood Johnson University Hospital, which had flagship campuses in New Brunswick, N.J., and Somerset, N.J.

The short-term "VMIG 1" rating on the bonds remains unchanged.

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